Easy to figure out here goes
Nugt and dust have been around for 5 years
Dust is down about 20% and Nugt has lost 99.9 % of its value over that 5 year time.
Let's see what would've happened if both sides of the fund performed equally
to do this we divide Dust by the square root of the 1000 to 1 performance ration of DUST/NUGT and we multiply
NUGT by the same.
So if things we neutral over 5 years ( GDX unchanged )
we would have Nugt $0.57
we would have DUST $0.79 cents
we are ignoring the splits to keep things accurate.
so in a neutral market both dust and Nugt would have been about 31 x higher when they were created then they would have been today. So to find the theoretical expectation for any given year would be the fifth root of 31. its almost exactly two ( 1.99) this means in a neutral gold market both NUGT and DUST would lose 50% of their value each year.
It's so close to 50% that you wonder if that was by design.
broker gave me a check for $1200 after commision
only 1 in 5 messages are not spam now, might as well just close the boards
Clothing needs to be light colored so that if food is spilled on it the stain would reveal and the employee could clean themselves. The black shirts are emblematic of the e coli problem.
I would complain from the point that if you " invested" $10,000 when this started trading you would have lost all of your money except $15 bucks.
make sure your account is enabled for put option trades. Most of the major platforms have an options tab. I am buying the Feb 12 430 put which means if the stock goes down to $380 I can sell it for at least $50 as long as I do so by market close Feb 12.
$ 950 million can cover 950 1 million dollar lawsuits
I thought they were supposed to close the stores today to lecture their employees about hygene
this isn't taco bell where customer may be eating in the store one day and eating out of a garbage can the next. People that eat at more expensive restaurants expect good consistent quality
they are too funny , on many occasions they misspeak billions for millions or visa versa I don't think half the bimboids know the difference between the two